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Transcripts For BBCNEWS BBC 20240704

Threshold. And much. For our viewers, you about the threshold. And the much. For our viewers, you about the threshold. And the allowance. Much. For our viewers, you about the threshold. And the allowance. What l threshold. And the allowance. What is the difference . Personal allowance and then weve been talking about Tax Thresholds as well. ,. ,. Talking about Tax Thresholds as well. ,. ,. ,. ,. ,. ,. , well. The personal allowance is that first threshold. Well. The personal allowance is that first threshold. Everyone well. The personal allowance is that first threshold. Everyone who well. The personal allowance is that first threshold. Everyone who earns| first threshold. Everyone who earns a wage in the uk can earn 12500 and 70p and not pay a penny of income tax on that money. The problem for us is when inflation starts to push our wages up, us is when inflation starts to pus ....

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Transcripts For BBCNEWS Sunday 20240704

The truth is taxes are still going up. People feel worse off because they are worse off. So this morning, we have one big question in what direction would labour drive the economy . The woman in charge of the partys calculator, Rachel Reeves, who wants to be the next chancellor is here. The budget promised extra cash to get more bang for taxpayers bucks in the Health Service. Well ask the health secretary, victoria atkins, what difference that will make. And whats it like when your body wont do the Amazing Things you used to do the lead singer of del amitri tells us how parkinsons hasnt stopped him taking to the stage. Morning, morning. Helping me out at the desk for the next 60 minutes, chef and green campaigner Hugh Fearnley whittingstall, john lewis boss dame sharo ....

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Transcripts For BBCNEWS BBC 20240704

Many of the top awards. The budget the government unveiled on wednesday has left the Shadow Chancellor with a major headache. Jeremy hunt cut National Insurance by 2 pence for the second time in six months, as well as stealing two of labours revenue raising policies. The party had planned to use these to Fund Breakfast clubs in schools and reduce nhs Waiting Lists, if it wins the next election. Earlier, the Shadow Chancellor, Rachel Reeves spoke to the bbc s Laura Kuennsberg about how they plan to raise money now, and began by discussing her plans to create a
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Transcripts For BBCNEWS Verified 20240704

Vaping products will come in october 2026 and the existing tax on tobacco will increase. The chancellor says thats in order to maintain the financial incentive to choose over smoking. Windfall tax on the profits of energy firms draw will be extended into 2029 even that was previously scheduled to end in 2028. Increase in flight duty for Business Class tickets, non dom tax free dream on People Living overseas and didnt that it will be replaced with new rules from april 2025. Bigger picture the uk economy now. The obr, office of budget responsibility predicts the economy is going to grow and add 1. 9 we are currently on a technical recession. Inflation rate forecast to fall below 2 target this year but the underlying debt. But the underlying debt, excluding Bank Of England debt, is forecast to be 91. 7 of gdp this year, ri ....

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Transcripts For BBCNEWS BBC 20240704

Known as Super Tuesday as millions of People Choose who they want as their preferred president ial candidate. Will vernon reports. Another triumph for trump. The former president cruised to victory on Super Tuesday, securing his position as the unassailable frontrunner in this race. They call it Super Tuesday for a reason. This is a big one. And they tell me, the pundits and otherwise, that theres never been one like this, theres never been anything so conclusive. Officially he hasnt won the nomination yet. But with results like these, total victory seems certain. As expected, President Joe Biden also swept the board in the democrat primaries. Nikki haley was trounced by donald trump. Its not clear whether she ....

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